Posts Tagged ‘exports’

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    Trading Places

    Jun 14, 11 • 478 Views • No Comments

    A switch has taken place. More than half of our imported goods used to come from the G-6 countries (Canada, France, Germany, Italy, Japan, the U.K.) Now, we import more from China, Mexico and Brazil. Specifically, in 1987, 55% of U.S. merchandise imports came......  [read more]

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    Putin’s Economics

    Apr 29, 11 • 414 Views • No Comments

    Our story begins during February when Russian Prime Minister Putin decided to freeze gasoline prices. Oil companies had a predictable response. They left. Following the money, they redirected their supply to higher prices elsewhere. The result? Russian......  [read more]

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    Made in China?

    Dec 26, 10 • 667 Views • No Comments

    True or false? Is Apple’s iPhone made in China? The answer is true and false. True. According to U.S. trade statistics, the iPhone is made in China. Consequently, the iPhone is recorded as a minus for us and a plus for China. It added to our trade......  [read more]

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    Yuan Opinions

    Nov 18, 10 • 400 Views • No Comments

    Can you imagine 43 million pairs of socks a year, 5,000 an hour, some saying Dora the Explorer, being produced by one Chinese manufacturer? When you pay $2.99 for a pair of those socks at Wal-Mart, they probably cost that Chinese manufacturer, Shuangjin......  [read more]

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    The Ties That Bind Us

    Apr 23, 10 • 320 Views • No Comments

    Although Nairobi and London are 4228 miles apart, they actually are closely connected. The NY Times described the tie that was cut by volcanic ash. Kenyans supply gourmet vegetables and cut flowers to European supermarkets. When planes were grounded, so too......  [read more]